board of directors

Vorax Suspends Director After Anti Democratic Comment

Source Node: https://esportsobserver.com/vorax-director-suspended-tweet/
Time Stamp: March 31, 2021 1:54 PM - Modified On: March 31, 2021 - Published By:
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Vorax co-owner Aristóteles “Toti” de Azevedo was suspended from his duties in the esports organization Wednesday after a comment on Twitter expressing anti-democratic views.  The message that caused Azevedo’s suspension was a reply to a tweet by Vorax CEO Marina Leite, in which she expressed her disavowal of the military coup that happened in Brazil on March 31, 1964, throwing Brazil into a 21-year dictatorship. Azevedo, on the contrary, wrote: “I never thought that I would stop and analyze the possible benefits of the army taking power again in Brazil…

Reggie Fils-Aimé to Leave GameStop Board of Directors

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Time Stamp: March 25, 2021 12:28 PM - Modified On: March 25, 2021 - Published By:
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Fils-Aimé has spent less than a year on GameStop's board. | Allen Berezovsky/Getty ImagesFormer Nintendo of America president Reggie Fils-Aimé will step down from GameStop's board of directors in June. The news comes less than a year after he first joined.An SEC filing shows Fils-Aimé is one of several board members that will be replaced at GameStop's 2021 Annual Meeting of shareholders this summer. Other departures include former Walmart US CEO William Simon and PetSmart president and CEO James Symancyk.Reggie Fils-Aime is leaving the board of GameStop $GME. That’s a

Riot Games Investigation Finds No Wrongdoing By CEO

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Time Stamp: March 16, 2021 3:29 PM - Modified On: March 16, 2021 - Published By:
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Top GamesRiot Games CEO Nicolo Laurent at the 2018 League of Legends World Championship. | ESPAT Media/Getty ImagesRiot Games says a third-party investigation into the alleged misconduct of its CEO Nicolas Laurent found no evidence of wrongdoing and recommended Laurents receive no punishment from the company. Riot shared the news with staff in an email to staff Tuesday, the Washington Post reports.Allegations of misconduct first came to light Jan. 7, when Sharon O'Donnell, a former executive assistant at Riot Games, filed a lawsuit claiming Laurent had created a hostile work

Former Riot employee sues CEO for sexual harassment

Source Node: https://venturebeat.com/2021/02/09/former-riot-employee-sues-ceo-for-sexual-harassment/
Time Stamp: February 9, 2021 6:45 PM - Modified On: February 9, 2021 - Published By:
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GamesBeat Summit 2021 #GBSummit returns with two days of content and networking designed for industry executives. April 28-29, 2021 Register Now In a case filed in January, former Riot Games employee Sharon O’Donnell alleges that chief executive officer Nicolo Laurent sent her suggestive propositions in text messages. O’Donnell detailed the complaints in her sexual harassment case against the executive in the Superior Court for the State of California in Los Angeles. O’Donnell claims that Laurent told her to “cum” to his house while his wife was traveling. He also mentioned

Augmented Reality board game creator Tilt Five secures USD $7.5 million in Series A funding

Source Node: https://www.auganix.org/augmented-reality-board-game-creator-tilt-five-secures-usd-7-5-million-in-series-a-funding/
Time Stamp: October 28, 2020 5:57 PM - Modified On: October 28, 2020 - Published By:
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[embedded content][embedded content]In Augmented Reality News October 28, 2020 – Tilt Five, creator of a tabletop augmented reality (AR) board game that features the use of AR headsets within its games, has today announced that it has secured USD $7.5 million in Series A funding. The funding round was led by SIP Global Partners, with participation from investors BITKRAFT Ventures, Galaxy Interactive, Logitech, and games industry innovator Ken Birdwell. SIP Global Partners’ Jeffrey Smith will now join Tilt Five’s board of directors. Following a USD $1.7 million Kickstarter campaign last year, this

Tilt Five Secures $7.5M Series A to Revolutionize Gaming Through 3D…

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Time Stamp: October 27, 2020 7:00 PM - Modified On: October 29, 2021 - Published By:
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Tilt Five Promo Photo “While the tech giants invest billions in far-off solutions, this investment expands our ability to deliver on a proven set of technologies resulting in an affordable, social and wearable device,” said Jeri Ellsworth, Tilt Five CEO. SAN JOSE, Calif. (PRWEB) October 28, 2020 Tilt Five, an entertainment system provider that uses proprietary augmented reality (AR) glasses, a game board, and a wand controller to engage players in tabletop and video games in 3D holographic environments, today announced that it has secured $7.5 million in Series A

SIP Global Partners Leads $7.5 Million Series A Funding For Tilt Five,…

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Time Stamp: October 27, 2020 7:00 PM - Modified On: October 29, 2021 - Published By:
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NEW YORK (PRWEB) October 28, 2020 SIP Global Partners, a Japan-US headquartered VC firm that invests in transformative global technology, today announced it is leading a $7.5 million Series A round for Tilt Five. Tilt Five is an entertainment system provider that uses proprietary augmented reality (AR) glasses, a game board and a wand controller to engage players in tabletop and video games in 3D holographic environments. As part of the investment, General Partner of SIP Global Partners Jeffrey Smith will join Tilt Five’s Board of Directors. Other participants in

GamerzClass Secures $1M Financing, Refreshes Board of Directors

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Time Stamp: September 4, 2020 8:07 AM - Modified On: September 4, 2020 - Published By:
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Danish educational esports platform GamerzClass raised a $1M USD financing round led by Copenhagen-based venture capital fund Bumble Ventures. As part of the investment, the company also refreshed its board of directors and presented a new strategy. Further investors in the financing round included London-based firm TrueSight Ventures, the danish growth fund Vækstfonden (which is also an investor in esports tournament organizer BLAST), former general partner at Index Ventures Ben Holmes, Christian Legêne, and former deputy director of TDC Group Kathrine Stampe Anderson, who also joins GamerzClass’ board of directors.

August Investment Recap: Fortnite Billions, BITKRAFTS $165M Venture Fund, and New Capital for Esports Organizations

Source Node: https://esportsobserver.com/august-2020-investment-recap/
Time Stamp: September 2, 2020 7:58 AM - Modified On: September 2, 2020 - Published By:
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August was a record month for esports investments. The Esports Observer tracked 16 investments raised by esports-relevant companies during the month. Disclosed investments accumulated to $2.78B USD, which is more than all seven previous months of 2020 combined, bringing the total sum of disclosed investments in 2020 to $4.34B.  The news of esports-relevant investments was headlined by the $1.78B financing round raised by Fornite developer Epic Games and the closing of BITKRAFT’s new venture fund at $165M. Financial terms were not disclosed for all deals highlighted in this article. Epic

Restream Secures $50M Series A Investment, Launches Multiplatform Live-Streaming Software

Source Node: https://esportsobserver.com/restream-secures-50m-investment/
Time Stamp: August 28, 2020 1:52 PM - Modified On: August 28, 2020 - Published By:
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Live-streaming tools developer Restream announced that it has raised a $50M USD Series A financing round led by Sapphire Ventures and Insight Partners. Restream also announced the launch of its multiplatform live-streaming distribution, branding, chat, and analysis software, Restream Studio, out of beta. The company’s Co-Founder and CEO, Alexander Khuda wrote in a blog post that “we have experienced tremendous growth,” and built a community of more than 2M creators who broadcast more than 8M monthly live-streams to 750M+ monthly viewers around the world since he and Andrew Surzynskyi founded